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Mar 13, 2013
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what do you have to pay taxes? maybe they do pay payroll taxes. i guess the story or the question has to be, it's not just because you didn't try to become attractive to hispanics, african-americans or single women. you didn't give them the opportunity that you suggest that your party stands for. you didn't give them the educational opportunity. the job opportunity. the hand up opportunity. >> yeah. >> you didn't give them an opportunity. >> congresswoman, has the country lost sight of why we're here having this budget battle? i mean, you have to look back at the last 12, 13 years of what has transpired. how we have given breaks to the wealthiest americans and that didn't work out with the job creation. how we went into wars and didn't pay for it. how we did a deal with big pharma and medicare part d and then the deregulation of wall street back in the late '90s took us right into the housing problem and the criminal activity that took place on wall street that has not been
what do you have to pay taxes? maybe they do pay payroll taxes. i guess the story or the question has to be, it's not just because you didn't try to become attractive to hispanics, african-americans or single women. you didn't give them the opportunity that you suggest that your party stands for. you didn't give them the educational opportunity. the job opportunity. the hand up opportunity. >> yeah. >> you didn't give them an opportunity. >> congresswoman, has the country lost...
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Mar 20, 2013
03/13
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FBC
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business oers we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax s
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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Mar 14, 2013
03/13
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why did millions of tax payer dollars go help disney make the movie oz? diane macedo has this story. >> despite the financial trouble michigan is contributing roughly $4 million to production of disney's oz the great and powerful thanks to an incentive program aimed at making michigan the hollywood of the midwest. according to the mackinac center the public policy in 2010 the program included a 42 percent refund of all in state movie production costs which lawmakers opened would persuade film studios to relocate to michigan and create long-term economic growth there. roughly $100 million budget that left the great and powerful left michigan taxpayers with a $39.7 million bill while disney went on to post a profit the michigan studio where the film was made missed 3 payments to investors which the state of michigan retirement system has to pay and the state is also on the hook for another 18 million if the michigan motion picture studio is unable to make payments to the bondholders. the fiscal agency for 2010 to 2011 even the most optimistic the subsidy co
why did millions of tax payer dollars go help disney make the movie oz? diane macedo has this story. >> despite the financial trouble michigan is contributing roughly $4 million to production of disney's oz the great and powerful thanks to an incentive program aimed at making michigan the hollywood of the midwest. according to the mackinac center the public policy in 2010 the program included a 42 percent refund of all in state movie production costs which lawmakers opened would persuade...
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Mar 18, 2013
03/13
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instead of taxing at 6.75%, the will tax at 3%. >> shepard: this is a bank holiday in cyprus. they were going to open tomorrow. then they decided to wait until wednesday or thursday. now looks like friday. and along the way, there was a plan to tax large amounts of money at something close to 10%, and then every day folks at something less. that's the part you said they've taken down. >> that's the part they're concerned with. they know they're making the people who live there angry. if you woke up tomorrow and saw your account -- your mother's account was being impacted like this, you would be desperately unhappy. i can't imagine what kind of reaction we would get here in the u.s. >> the concern is that cyprus does this, you have problem in italy and spain. and then there's a run on their banks. >> you don't know the impact here. it's the rule of law. you're not supposed to take things that aren't you're, especially if you're the government. that's why you saw the market solidly negative. i don't know how there's control over this. we'll be watching but deeply concerning to p
instead of taxing at 6.75%, the will tax at 3%. >> shepard: this is a bank holiday in cyprus. they were going to open tomorrow. then they decided to wait until wednesday or thursday. now looks like friday. and along the way, there was a plan to tax large amounts of money at something close to 10%, and then every day folks at something less. that's the part you said they've taken down. >> that's the part they're concerned with. they know they're making the people who live there...
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Mar 19, 2013
03/13
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tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and expose the offshore tax havens that cost us over $300 billion a year in taxes owed to the united states, people that park their money in far-away places with strange-sounding names end up escaping tax liability. why do we let that happen? the average family across america, the average business across america can't escape and doesn't even try to escape its liability. yet, we built into the tax codes these cayman island little fiascoes in bermuda and all the places they head to. we could put an end to that in a
tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and...
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Mar 15, 2013
03/13
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. >>> the irs says it has $917 million in unclaimed tax refunds from 2009, that are about to expire. the money is owed to about 1 million people who have until april 15th to file a return. >>> and chelsea clinton and her husband are about to move into a new home. the posh manhattan pad in north of madison square park is 5,000 square feet. 4 bedrooms and 6 1/2 baths. that's a palace in new york city. and it's all for a cool 10.5 million bucks. >>> bill clinton hits the scene. >>> and college hoops prepare for march madness. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. i'm here in your home, having a pretty spectacular tuesday. ♪ but i don't notice the loose rug at the top of your stairs. and that's about to become an issue for me. ♪ and if you got the wrong home insurance coverage, my medical bills could get expensive. so get allstate. [ dennis ] good hands. good home. make sure you have the right
. >>> the irs says it has $917 million in unclaimed tax refunds from 2009, that are about to expire. the money is owed to about 1 million people who have until april 15th to file a return. >>> and chelsea clinton and her husband are about to move into a new home. the posh manhattan pad in north of madison square park is 5,000 square feet. 4 bedrooms and 6 1/2 baths. that's a palace in new york city. and it's all for a cool 10.5 million bucks. >>> bill clinton hits the...
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Mar 18, 2013
03/13
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CNBC
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a heck of a lot better than treasuries after the tax benefits. it's been left behind by the rest of its cohort. i can't believe i'm talking about this one because it's so far behind. i'm talking about one of the great american companies, merck, mrk, the pharmaceuticals giant that's stumbled more times in the last few months than a college kid on st. paddy's day. since early december, the early pharma names have roared. pfizer up 12%, bristol miers up. i'm typical of my eighth anniversary, i somehow got blue ink on my hand. and cell gene jumped 43%. meanwhile, merck has done nothing. it's actually down about 1% over the same period. right now there are reasons merck has underperformed the rest of the ones. in december, the good -- in december, the company got bad clinical trials from a new cholesterol drug that they were working on. and i thought it was going to be a big one, i have to tell you. so merck decided to stop development here in the u.s. and pull the drug overseas where it was already approved. this was one that i thought was just going
a heck of a lot better than treasuries after the tax benefits. it's been left behind by the rest of its cohort. i can't believe i'm talking about this one because it's so far behind. i'm talking about one of the great american companies, merck, mrk, the pharmaceuticals giant that's stumbled more times in the last few months than a college kid on st. paddy's day. since early december, the early pharma names have roared. pfizer up 12%, bristol miers up. i'm typical of my eighth anniversary, i...
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in those states that have a sales tax that the obligation to pay sales tax is on the individual consumer in other words if i walk into a store and i buy something for one hundred dollars and the sales tax in that state is four percent whether i give that four percent of the store owner or whether i mail it in at the end of the year to the state the obligation is on me to pay that four percent and when the stores collect at four percent they're basically doing it as a convenience to me now it's facilitated by the state to make sure that they get their money because most people won't at the end of the year add up all their receipts and say here's what i bought so are you with me so far on this i'm with you on that and it's in it's in the states are just not enforcing it this rush just on right words and so so basic but at and so what congress did when i think was the telecommunications act i could be wrong but sometime back in the eighty's or ninety's when congress said ok we're not going to have internet sales companies collect state income taxes in part it was that back in that day inter
in those states that have a sales tax that the obligation to pay sales tax is on the individual consumer in other words if i walk into a store and i buy something for one hundred dollars and the sales tax in that state is four percent whether i give that four percent of the store owner or whether i mail it in at the end of the year to the state the obligation is on me to pay that four percent and when the stores collect at four percent they're basically doing it as a convenience to me now it's...
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Mar 14, 2013
03/13
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no new taxes under any circumstances. yesterday paul reid offered a budget that zeroes out the president's health care plan. texas senator ted cruz even proposed a plan to defund obama care himself. with polls showing the president's approval rating dropping, a "washington post" poll put it at 50%, 5 points from a month ago, republicans have decided to stick to their own playbook, obstruct everywhere, hope some of the mud that covers them sticks to the president. steve schmidt is former senior adviser to the mccain/palin '08 presidential campaign and senior strategist on the bush/cheney '04 presidential campaign. robert gibbs was senior adviser for president obama's 2012 re-election campaign and served as white house press secretary. of course, both are now msnbc colleagues. in fact, analysts as well. thank you. steve, i want to start by throwing some dirt ball at you. i don't know how you're going to catch this one. >> yes. >> as we've all watched for the last two or three months now since the horror at newtown, connecti
no new taxes under any circumstances. yesterday paul reid offered a budget that zeroes out the president's health care plan. texas senator ted cruz even proposed a plan to defund obama care himself. with polls showing the president's approval rating dropping, a "washington post" poll put it at 50%, 5 points from a month ago, republicans have decided to stick to their own playbook, obstruct everywhere, hope some of the mud that covers them sticks to the president. steve schmidt is...
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Mar 20, 2013
03/13
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it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of spending $46 trillion over the next 10 years, as we're currently poised to spend, we spend $41 trillion. instead of growing spending 5% a year we grow at 3.4% a year. with all the predictions of doom and gloom and how evil and terrible and horrible or budget is, it increases spending every year by 3.4% a year instead of 5% a year. the difference is we balance the budget. the difference is we let families keep more of their own take-home pay. the difference is we make sure our kids inherit a debt-free future. the difference is w
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of...
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Mar 21, 2013
03/13
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FBC
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
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Mar 20, 2013
03/13
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authorities have caught more than a million cases of tax i.d. fraud just last year. totaling billions of dollars. they say older residents are more vulnerable and that things are really bad in florida. officials report miami alone has 46 times more the rest of the country. the u.s. attorney for south florida calls it a tsunami of fraud. and the epicenter of a national trend. phil keating with more live from our south florida newsroom. why there? >> the government with fake returns just happens to be the fraud deyour down here made easier when they will pay it back on prepaid debit cards which are sold pretty much at any drugstore. the two miami cops are the latest fraudsters caught up in this crime accused of accessing government or healthcare data to mine for personal info. it is now the number one fraud in florida and number three fraud nationwide. >> what it shows you is that greed has no end. anyone who has ability to access anyone's personal identification number. anyone who has access to a laptop. that's all you need. it's very easy. >> once the irs deposits th
authorities have caught more than a million cases of tax i.d. fraud just last year. totaling billions of dollars. they say older residents are more vulnerable and that things are really bad in florida. officials report miami alone has 46 times more the rest of the country. the u.s. attorney for south florida calls it a tsunami of fraud. and the epicenter of a national trend. phil keating with more live from our south florida newsroom. why there? >> the government with fake returns just...
SFGTV: San Francisco Government Television
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Mar 18, 2013
03/13
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maloney and i own a business in san francisco and i am all for businesss in san francisco and creates tax revenue and gives people employment and the concept is reliance on the off sales as far as i understand, they are very, very nice people. they are starting a small family, they have a small family, and i think that i am 100 percent behind it. thank you. >> thank you. is there any other member of the public that would like to speak? if so, please come on up. mr. paulson it is good to see you i have not seen you in a while. >> good to see you supervisor campos. >> i see you in the newspaper. >> i can see polk street looking fast in its faded jeans and i hope that you keep the city really green. ♪ sun down you better take care ♪ if i find you's been creeping down polk street back stairs ♪ sometimes i think that it is a shame, and polk street is gone through so many achange ♪ >> music picture a bar ♪a verm uth they can make ♪and i hope
maloney and i own a business in san francisco and i am all for businesss in san francisco and creates tax revenue and gives people employment and the concept is reliance on the off sales as far as i understand, they are very, very nice people. they are starting a small family, they have a small family, and i think that i am 100 percent behind it. thank you. >> thank you. is there any other member of the public that would like to speak? if so, please come on up. mr. paulson it is good to...
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Mar 15, 2013
03/13
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most republicans are balking at any additional tax hikes to cut the deficit. many democrats are opposed to substantial cuts in entitlement spending. the democratic led senate judiciary committee approved a new ban on assault-style weapons today. the bill would outlaw the sale of 157 kinds of semi-automatic weapons and limit ammunition clip sizes to 10 bullets. it passed on a party-line vote of ten to eight, with all republicans opposed. but it faces long odds in the full senate. the head of the transportation security administration is defending a proposal to allow small knives on passenger planes. the idea has provoked a backlash by pilots, flight attendants and others. but john pistole told a house hearing today that the concerns are misplaced. he said an attacker could use any number of things already on planes. >> a metal knife or fork, whether it's a wine glass or wine bottle that they break and use, there's any number of things that could be used as a deadly instrument. it really gets again to what is the intent of the person on board as opposed to the o
most republicans are balking at any additional tax hikes to cut the deficit. many democrats are opposed to substantial cuts in entitlement spending. the democratic led senate judiciary committee approved a new ban on assault-style weapons today. the bill would outlaw the sale of 157 kinds of semi-automatic weapons and limit ammunition clip sizes to 10 bullets. it passed on a party-line vote of ten to eight, with all republicans opposed. but it faces long odds in the full senate. the head of the...
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Mar 18, 2013
03/13
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we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that because the president worked awfully hard because of the congressional leadership to reach a grand bargain. we set as a goal as a number of others have to rules the deficit by 4 trillion dollars over the next decade. we made substantial progress. two and-a-half million. we didn't reach a plan then because speaker boehner decided to go to plan b. if we couldn't get to the bargain then i don't know if it's any easier now. it's hard for me to say what has changed from their calculations. but the president is going to try whatever will work and try to be helpful with this process. >> ros
we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that...
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Mar 16, 2013
03/13
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barack ed in the foim obama talk about tax rates. why would you tax people at 100%? who would have an incentive to work? if you put in the idea of theft it makes sense. if you come to my house and steal all my furniture, what is the proper tax rate for you? 100%. it is not your furniture. so when you look upon wealth as pirated, as stolen goods, it seems appropriate for the government to be the instrument of taking it back. this is what obama meant some months ago when he said to a bunch of business guys, you didn't build that. what was he really saying? he was saying that society creates wealth and then greedy entrepreneurs swoop in and grab it. they claim it is for themselves but it is not theirs. so the government can be an instrument of confiscation. the government isn't taking what is yours because it never belonged to you in the first place. then if you look at obama's foreign policy. what is its core idea? it is the same. it is looking at america as the great pirate in the world. america goes into afghanistan and iraq to take advantage, to get oil. america is
barack ed in the foim obama talk about tax rates. why would you tax people at 100%? who would have an incentive to work? if you put in the idea of theft it makes sense. if you come to my house and steal all my furniture, what is the proper tax rate for you? 100%. it is not your furniture. so when you look upon wealth as pirated, as stolen goods, it seems appropriate for the government to be the instrument of taking it back. this is what obama meant some months ago when he said to a bunch of...
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Mar 16, 2013
03/13
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a 70% tax on this. >> how can you tax that adore built? lori, as a mom, or you claim to be a mother, but there is no proof. do you salute senator jennings? >> i know gavin empathizes. >> very fresh. >> i haven't been called fresh since i was in second grade. >> timeout, mister. >> it is old school brooklyn adjective. >> a teacher would say that. >> yes, in the 1950s. >> kids do what they do and say what they say. they are emulating grown-ups and can't punish them. especially the one making the toaster strudels into guns. is that what they are doing? it is insanity to punish them for this. >> how screwed up is it we need legislation to deal with something this stupid? we do we have to tell teachers and administrators that a gun made out of a pastry is evil. >> it never looks like a gun because it is a pop tart. it looks like a pop tart and they don't resemble weapons. at least they didn't in my day. i like the provision about this though. it will actually punish the teachers. the kids will not bankrupt the country one municipality at a time
a 70% tax on this. >> how can you tax that adore built? lori, as a mom, or you claim to be a mother, but there is no proof. do you salute senator jennings? >> i know gavin empathizes. >> very fresh. >> i haven't been called fresh since i was in second grade. >> timeout, mister. >> it is old school brooklyn adjective. >> a teacher would say that. >> yes, in the 1950s. >> kids do what they do and say what they say. they are emulating grown-ups...
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Mar 13, 2013
03/13
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the lowest tax burden since 1960. corporate tax is 15%, the federal corporate tax. that is pretty good. that is what makes canada so attractive for business all over the world. the caller is right, the economic reforms began under the liberal party. it is true. they sobered up, much more than we have done here in the united states. host: you write in your piece that the canadians had an election in october 2008. nine months after the election, they won again by a bigger margin. when you expand on that -- guest: yes. he keeps painting regions of blue, the conservative color. people have begun up there to trust the conservatives with power. the liberal lock on the country has been broken, for now. liberals are not even the official -- official position. that is another left party. harper is a incremental list. quality, buter's he does not move the public farther than they are willing to go. he likes to -- i think the way he would put it is, they only can the common sense gene in the canadian people. they are a part of anglo- american said -- civilization. this was the
the lowest tax burden since 1960. corporate tax is 15%, the federal corporate tax. that is pretty good. that is what makes canada so attractive for business all over the world. the caller is right, the economic reforms began under the liberal party. it is true. they sobered up, much more than we have done here in the united states. host: you write in your piece that the canadians had an election in october 2008. nine months after the election, they won again by a bigger margin. when you expand...
SFGTV: San Francisco Government Television
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Mar 13, 2013
03/13
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the taxes that the motorists would have been paying without the tax swap and the board of equalization approval. in fact, in many ways, the board of equalization approval is almost ministerial in effect and nobody knows what would happen if they had would rejected it. that has happened and the money generates 3.5 percent and the tax is an additional 3.5 cents per gallon which is 500 million a year and it is dedicated to local streets and roads and to the state, preservation program. additionally cap and trade continues to be a focus in the capitol. the cap and trade second round of options was conducted in february, and generated a goes total between the stationary source and utilities of about close to a quarter of a billion dollars and more than a quarter billion of dollars. the funds generated are returned to rate payers as rebates in the bills. and the funds derived from the stationary sources are the subject to an ongoing car. we will have a duty to come back in april with a proposed investment plan. there is a bit of a disconnect, the governor had presumed a billion dollars annua
the taxes that the motorists would have been paying without the tax swap and the board of equalization approval. in fact, in many ways, the board of equalization approval is almost ministerial in effect and nobody knows what would happen if they had would rejected it. that has happened and the money generates 3.5 percent and the tax is an additional 3.5 cents per gallon which is 500 million a year and it is dedicated to local streets and roads and to the state, preservation program....
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Mar 13, 2013
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patry ryan says there is a democrat that deals with the tax increases. president obama was one that -- in fact, every time he tries to propose a budget, it fails in the senate with zero -- >> dana: this is the first time in 92 years the congress moved forward ahead to the president. >> bob: what are the $7 trillion in cuts? >> you can watch paul ryan on "hannity" tonight. >> eric: he talks about hitting entitlement spending. he is very aggressive the things that maybe some of the other people in the house might not like. >> andrea: this is by design. he looks moderated today. you the progressives on the left, hammering him on the chain cpi. he looks presidential, finally, five years late going to work on the hill he is pulling a clinton. like he is triangulating. he knows the progressives have nowhere else to go. this is good. the left wing, after me, i moved to the middle, though we know he has not. >> dana: one group is not happy. congressional black caucus said to president obama they are unsatisfied with the number of african-americans who have been
patry ryan says there is a democrat that deals with the tax increases. president obama was one that -- in fact, every time he tries to propose a budget, it fails in the senate with zero -- >> dana: this is the first time in 92 years the congress moved forward ahead to the president. >> bob: what are the $7 trillion in cuts? >> you can watch paul ryan on "hannity" tonight. >> eric: he talks about hitting entitlement spending. he is very aggressive the things...
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Mar 19, 2013
03/13
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the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not understand it and thought their taxes increased. people that look at the facts understand that they have received tax reductions. i personally think we have gone a little overboard. we will have to rebalance the scales, but the president kept his promises on taxation, notwithstanding what you're caller said. you're caller is wrong. beach on twitter says the private sector will always be a better fiscal that the anything run by the government -- fact, says this person. we are talking about the budget with earl blumenauer as the house begins work on the budget put out by paul ryan last week. "the hill" rep
the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not...
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Mar 16, 2013
03/13
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job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the union, we can do it anywhere. let me tell you what we're doing. personal income is rising. unemployment has declined. we have the second-highest economic growth rate in the country. we are the third best in high tech job growth. these results are real. while we have watched our largest cities struggle under decades of failed liberal policies. -- policies, we are optimistic about the future of michigan and of detroit. [applause]conservatism and common sense were the silver bullets. jennifer granholm just couldn't get -- bullets jennifer granholm just couldn't get. heededatives in michigan the call
job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the...
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Mar 21, 2013
03/13
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FBC
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room tax. we call it the accommodations tax, but, potentially, the numbers are twice as big. the on line travel companies have wanted the trial court on that issue, but both the state and the online travel companies are going to be appealing the trial court's decision so we don't know how either of the outcomes will look, but right now, at least, there's a $230 million bill that's about to be sent to the on line travel company. tracy: like amazon story where they couldn't -- no one could call their main office, so to speak,,home, so no one knew where to charge tax. they come down on amazon too. it's no surprise they are coming county on this, are we? >> it's no surprise at all, and especially in this situation. you got an industry that didn't really exist when the taxing statutes were enacted, and so the taxing statutes have terms like travel agency, and that doesn't really fit and hotel operators doesn't fit so you got a taxing statute that has not really kept up with the development of techno
room tax. we call it the accommodations tax, but, potentially, the numbers are twice as big. the on line travel companies have wanted the trial court on that issue, but both the state and the online travel companies are going to be appealing the trial court's decision so we don't know how either of the outcomes will look, but right now, at least, there's a $230 million bill that's about to be sent to the on line travel company. tracy: like amazon story where they couldn't -- no one could call...
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Mar 18, 2013
03/13
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FOXNEWSW
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get a tax advantage. for paying not what i call nonessential services. in you come to see me for a common cold you don't want insurance to cover that if you are not the middle class. if insurance covers it your premiums go up. we need more payment out of pocket. what is not reported enough is that is a a lot of countries that have a universal health insurance they have more of a patient having skin in the game and that is what we need here. >> mike: i'm afraid maybe nancy pelosi was right on one thing we will know what is in obama care after we passed it. >> after we suffered from it. >> mike: very well said. doctor marc siegel great to have you here today. a new york cop is facing life in prison for basically having some really sick thoughts like cannibalism. is that the proper sentence for somebody who hasn't actually h hurt anybody else? hurt anybody else? i will discuss the c c c c c living with moderate to severe rheumatoid arthritis means living with pain. it could also mean living with joint damage. humira, adalimumab, can help treat more than jus
get a tax advantage. for paying not what i call nonessential services. in you come to see me for a common cold you don't want insurance to cover that if you are not the middle class. if insurance covers it your premiums go up. we need more payment out of pocket. what is not reported enough is that is a a lot of countries that have a universal health insurance they have more of a patient having skin in the game and that is what we need here. >> mike: i'm afraid maybe nancy pelosi was right...
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Mar 21, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to kick in a week from today. republican governor rick snyder is here. governor, good to see you. i was mentioning during the break whether when you see yourself portrayed as satan or the devil. >> it's great to be with you. i feel it's part of democracy. it was hired to do a job by my customers, the citizens of the state of michigan, and i'm doing the right thing. it's about workers rights and it's about bringing more jobs to michigan. so i'm just going to do my job. >> neil: we were talking about the possibility of an errant judge
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to...
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Mar 21, 2013
03/13
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we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
SFGTV2: San Francisco Government Television
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Mar 18, 2013
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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Mar 20, 2013
03/13
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FBC
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not the taxes. no corporate or individual income taxes and a franchise tax that tops out at 1%. the great state of texas is definitely attractive. >> building a business is tough, but i hear building a business in california is next to impossible. see why you should come to texas. cheryl: joining me now is former aide to texas governor, craig casselberry. if the governor's message, is it being effective in texas? >> you know, i think it is. we know our formula here has been for many years. i have been around a long time in this state. i think companies, their employees, families, they like that message. it is working. that is why we lead the company and job creation for the last few years. cheryl: many california companies have left the state of california and got down to texas because the costs of doing business is so much lower. you have that corporate tax, you know, that nugget that really brings people in. if you look at the debt station in each state, california does not control its debt. what is texas doing that california needs to do? >> we have a balanced budget amendmen
not the taxes. no corporate or individual income taxes and a franchise tax that tops out at 1%. the great state of texas is definitely attractive. >> building a business is tough, but i hear building a business in california is next to impossible. see why you should come to texas. cheryl: joining me now is former aide to texas governor, craig casselberry. if the governor's message, is it being effective in texas? >> you know, i think it is. we know our formula here has been for many...
SFGTV2: San Francisco Government Television
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Mar 18, 2013
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that is why we have such high costs, high taxes on parking your car. the closer that you get to the center, the more expensive. but there is a limit how much we can turn away. that is why we also want to have some systems. i think if we're going to read 50% share of cycling for commuting, it is not enough to offer a good infrastructure. you also need possibly a toll road where people pay for driving and the city. -- for driving into the city. >> i can tell you what it costs in amsterdam. amsterdam is the most expensive place to park your car. it is now 5 euros, nearly $7 per hour, 24 hours per day. also, the question from andy, about 12 years ago, we had a referendum, what to do with the cars in the city. the majority voted for less cars in the city. the last 10 years, the amount of cars went down. it is down 20%, and that was done by making the profiles of the roads a little bit smaller, adding more room for cyclists and public transport, and bringing of the parking fees. it also what we did that time, for all new inhabitants, he needed a permit to pa
that is why we have such high costs, high taxes on parking your car. the closer that you get to the center, the more expensive. but there is a limit how much we can turn away. that is why we also want to have some systems. i think if we're going to read 50% share of cycling for commuting, it is not enough to offer a good infrastructure. you also need possibly a toll road where people pay for driving and the city. -- for driving into the city. >> i can tell you what it costs in amsterdam....
SFGTV2: San Francisco Government Television
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Mar 20, 2013
03/13
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i do not know what else to do besides try to make a profit in a city that is over-taxing the and running down. [applause] >> i do think that you can do a lot through talking to your city supervisor and working through that process. i am telling you, there are ways that began help you. alcohol is a local issue on this type of matter. what we are behind would you guys want to do, whenever that is. a lot of times we do not always have statutes that make that much sense. it is partly the ways that the laws have evolved and we are the ones who are stuck with enforcing them the way that they are. that does not necessarily mean that we think they are particularly good ideas, but we certainly want people to grow, prosper, and be saved. that can be achieved in all sorts of ways. we want to work with you on that. thank you. >> i was the founding president of the entertainment commission. i retired and went on to found the culture association, the first trade association statewide for night life, bar, and restaurant activities. i am here with a question that plagues a lot of these license holders,
i do not know what else to do besides try to make a profit in a city that is over-taxing the and running down. [applause] >> i do think that you can do a lot through talking to your city supervisor and working through that process. i am telling you, there are ways that began help you. alcohol is a local issue on this type of matter. what we are behind would you guys want to do, whenever that is. a lot of times we do not always have statutes that make that much sense. it is partly the ways...
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Mar 14, 2013
03/13
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MSNBCW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> ladies and gentlemen, children of all ages, welcome to the greatest show on earth thank you, thank you, thank you. the conservative circus known as cpac is back in town and they promised it would be new and different. sorry, kids. it's the same ol
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through...
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Mar 17, 2013
03/13
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CNNW
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$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as well as cuts in discretionary spending, moving some of them away from defense and other areas of government. the difference in the two budget, the ten-year prospect of that passed in the house of representatives is $41 trillion spending over ten years. the senate budget, which was just approved thursday night by the senate budget committee, spends $46 trillion. so you've got two differences. the senate is trying to spend more. house republicans are trying to be more efficient. >> let me ask you this, senator. president obama is trying a new strategy. he's reaching out to congress, hol
$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as...
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Mar 15, 2013
03/13
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FOXNEWSW
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he tried pitching lowering cost of entitlement in exchange for new taxes. despite reports the meetings are just for show. party leaders are optimistic. >> they were inspiring optimistic realistic and called for unit and invited any thoughts we had before going forward. >> it was a candid exchange with a number of our members asking questions of the president. as you can image talked about all different issues confronting us with considerable proportion of time transcended issue of time that is our deficit and debt. >> our nation's debt $16 trillion. >> it is time now to brew on this. here's what we would like you to brew on today. a recent report found that more companies are turning to tracking devices to monitor employee's habits to find out how they are interacting with co-workers. bank of america did this when team members talked to each other often. one ceo persworker said they co be recorded by watching movements>> or reading e-mails. >> companies putting sensors on employees to track their every move? is this just fine or is it over the line? send yo
he tried pitching lowering cost of entitlement in exchange for new taxes. despite reports the meetings are just for show. party leaders are optimistic. >> they were inspiring optimistic realistic and called for unit and invited any thoughts we had before going forward. >> it was a candid exchange with a number of our members asking questions of the president. as you can image talked about all different issues confronting us with considerable proportion of time transcended issue of...
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Mar 20, 2013
03/13
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FBC
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he despite the taxes. the economies in europe, particularly we're talking now about spain and italy, have been beaten down by the austerity programs. we, but we see them coming back slowly but surely in the second half. and fourt fourth and, the -- 2014 and equity markets tend to look ahead six months or so for those developments. david: let's hope it happens. bill, great to see you. thank you very much have. appreciate you coming in. >> okay. lauren: budget proposals everywhere but no deal in sight as the clock continues to tick. congress has one week left to come to a compromise and avert a government shutdown. we're live on capitol hill with the very latest. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through mercedes-benz financial services. lauren: the h
he despite the taxes. the economies in europe, particularly we're talking now about spain and italy, have been beaten down by the austerity programs. we, but we see them coming back slowly but surely in the second half. and fourt fourth and, the -- 2014 and equity markets tend to look ahead six months or so for those developments. david: let's hope it happens. bill, great to see you. thank you very much have. appreciate you coming in. >> okay. lauren: budget proposals everywhere but no...
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Mar 21, 2013
03/13
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critics say the company can't compete with china's cheap costs without tax payer money. it should be going to important things like schools. they haven't met the bench marks required to draw on the $197 million federal loan guarantee. but it wouldn't say what the bench marks are or if the feds will lower the bar in order to help the company survive. >> diane macedo fox news. >>> still ahead, it is an american tradition as old as our country. why is one military institute being forced to cancel the 4th of july. >> there's a new one a much different trend taking place in hollywood. attacking the white house. we will have the details about that straight ahead in the fox light. >> let's check in with bray an kilmeade to see what's going on on fox and friends. >> great show as usual. look at the show we put together for you guys to watch in the green room or maybe even in studio. we are going to talk about the president's 50 hours in israel. rocket fire from the palestinian areas. guess where the president is going? to the palestinian areas. we will show you what the latest w
critics say the company can't compete with china's cheap costs without tax payer money. it should be going to important things like schools. they haven't met the bench marks required to draw on the $197 million federal loan guarantee. but it wouldn't say what the bench marks are or if the feds will lower the bar in order to help the company survive. >> diane macedo fox news. >>> still ahead, it is an american tradition as old as our country. why is one military institute being...
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Mar 19, 2013
03/13
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CSPAN
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tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and lastly, the c.b.c. balanced approach stands up for important programs like social security, medicare, and medicaid that have nothing to do with the economic mess that we find ourselveses in right now. now we don't have a short-term deficit crisis in america. that's what the independent objective economists have concluded. the speaker of the house of representatives has acknowledged we don't have a short-term deficit crisis. the chairman of the budget committee just yesterday acknowledged that we don't have a short-term deficit crisis. we've gained six million jobs over the last four-plus years but we
tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and...
SFGTV2: San Francisco Government Television
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Mar 18, 2013
03/13
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there is some project management primarily it's about planning and oversight and making sure that the tax dollars are being well spent so i want to encourage you to keep that very firmly in mind. this is a somewhat unique setting. >> i agree wholeheartedly. that's a good point, and it also speaks to commissioner mar's comments about outreach and inclusion in the stakeholder engagement process. if you look at the timeline today is march march 18. we have basically this week to do community engagement which means from the standpoint of scheduling and making it happen that's a very, very aggressive timeline in order to produce a document that you will have to review and approve on the following week, so what i might suggest that we might want to do as part of this process is have some of that community engagement be on-going. the fact that we have a recruitment profile that has been produced does not necessarily impede us from listening to our stakeholders and being able to integrate additional comments into the selection and evaluation part of the process which is equally important as ident
there is some project management primarily it's about planning and oversight and making sure that the tax dollars are being well spent so i want to encourage you to keep that very firmly in mind. this is a somewhat unique setting. >> i agree wholeheartedly. that's a good point, and it also speaks to commissioner mar's comments about outreach and inclusion in the stakeholder engagement process. if you look at the timeline today is march march 18. we have basically this week to do community...
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Mar 13, 2013
03/13
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KICU
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reduce the corporate tax rate from 35 to 25 percent. it also seeks to slash spending on entitlements like medicare, medicaid and social security in an effort to balance the budget. this republican plan will no doubt set off a new round of petty partisanship in washington, but it's unlikely that democrats will pick up on this new line of attack. "i can promise you it doesn't cut enough to make me happy. and it doesn't reform entitlements enough to make me happy." senate democrats will unveil their budget plan today, with a reported $975 billion in spending cuts coupled with nearly $1 trillion in new revenue, according to the wall street journal. the white house plans to release president obama's budget proposal in the second week of april. meanwhile, in mo-town, detroit city officials are making a plea to the governor. governor rick snyder recently declared the motor city was in a financial crisis and needs an emergency financial manager. some detroit city officials are sending a message to the governor they prefer sticking with a modifi
reduce the corporate tax rate from 35 to 25 percent. it also seeks to slash spending on entitlements like medicare, medicaid and social security in an effort to balance the budget. this republican plan will no doubt set off a new round of petty partisanship in washington, but it's unlikely that democrats will pick up on this new line of attack. "i can promise you it doesn't cut enough to make me happy. and it doesn't reform entitlements enough to make me happy." senate democrats will...